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An end to the offshore drilling ban
Posted on September 24, 2008
From the Raleigh N&O:Democrats have decided to allow a quarter-century ban on drilling foroil off the Atlantic and Pacific coasts -- including North Carolina'sshoreline -- to expire next week, conceding defeat in a months-longbattle with the White House and Republicans set off by $4-a-gallongasoline prices this summer.Republicans have made lifting the ban a key campaign issue aftergasoline prices spiked this summer and public opinion turned in favorof more drilling. President Bush lifted an executive ban on offshoredrilling in July. If true, this capitulation by Democratsfollowing months of Re...
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climate change , environmental economics , gas prices , president , president bush , republican default explanation




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